Westwood Shipping Lines

Westwood Shipping Lines

Westwood Victoria

Westwood Shipping Lines is since 2011 a wholly owned subsidiary of J-WeSco, a holding company formed by a group of Japanese shipping companies. Established in 1981, the Puyallup, Washington-based company operates 7 vessels with a total capacity of 14,699 TEUs as of Aug. 11, 2014, according to Alphaliner. The company provides shipping services to more than 20 ports in Japan, South Korea, China and North America, and transports a variety of cargo, including containers, breakbulk forest products, and oversized project cargo. Westwood recorded revenue of over $20 million in 2013.

Westwood was the 34th-ranked container carrier in U.S containerized import trade in 2013, with volume of 29,520 TEUs, down 1.9 percent year-over-year, giving it market share of 0.2 percent. It was No. 40 in U.S. containerized export trade in 2013, with volume of 19,237 TEUs, down 7.6 percent year-over-year and market share of 0.2 percent. For more carrier rankings see the JOC’s Top 40 Container Carriers special topic.